1934 Act Registration No. 1-14700
SECURITIES AND EXCHANGE
COMMISSION
Washington, DC 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
For the month of November 2003
Taiwan Semiconductor Manufacturing Company Ltd.
(Translation of Registrant's Name Into English)
No. 8 Li-Hsin Rd. 6,
Science Park
Hsin-chu, Taiwan
(Address of Principal Executive Offices)
(Indicate by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F.)
Form 20-F x Form 40-F _____
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(Indicate by check mark whether the registrant by furnishing the
information contained in this form is also thereby furnishing the information to
the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of
1934.)
Yes _____ No x
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(If "Yes" is marked, indicated below the file number assigned to the registrant
in connection with Rule 12g3-2(b): 82: _______.)
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
Taiwan Semiconductor Manufacturing Company Ltd.
Date: December 9, 2003 By /s/ Lora Ho
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Lora Ho
Vice President & Chief Financial Officer
Taiwan Semiconductor Manufacturing Company Limited
December 09, 2003
This is to report the changes or status of 1) sales volume, 2) funds lent to
other parties, 3) endorsements and guarantees and 4) financial derivative
transactions for the period of November 2003.
1) Sales volume (NT$: Thousand)
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Period Items 2003 2002 Changes (%)
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Nov Invoice amount 17,784,517 14,897,487 2,887,030 19.38%
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Jan - Nov Invoice amount 172,812,802 150,757,302 22,055,500 14.63%
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Nov Net sales 18,510,405 14,582,366 3,928,039 26.94%
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Jan - Nov Net sales 182,938,905 149,620,428 33,318,477 22.27%
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2) Funds lent to other parties (NT$ Thousand)
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Limit of lending Nov Bal. as of period end
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TSMC 62,594,284 - -
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TSMC's subsidiaries 33,796,409 2,280* 342,080
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* The deviation was due to the fluctuation in currency exchange rate.
3) Endorsements and guarantees (NT$ Thousand)
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Limit of endorsements Nov Bal. as of period end
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TSMC 78,242,855 155,040* 23,261,440
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TSMC's subsidiaries N/A 0 0
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TSMC endorses for subsidiaries 155,040* 23,261,440
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TSMC's subsidiaries endorse for TSMC 0 0
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TSMC endorses for PRC companies 0 0
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TSMC's subsidiaries endorse for PRC companies 0 0
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* The deviation was due to the fluctuation in currency exchange rate.
4) Financial derivative transactions
a-1. Hedging purpose (for assets / liabilities denominated in foreign
currencies)
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YEN: 0
Liabilities: -----------------------------------
Underlying assets / liabilities EUR: 4,000,000
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Assets: US$: 1,820,000,000
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Financial instruments FX forward contracts
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Recognized profit (loss) (NT$55,447,563)
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a-2. Hedging purpose (for the position of fixed rate liabilities / floating rate
assets)
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Underlying assets / liabilities Liabilities: NT$: NT$3,000,000,000
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Assets US$: US$5,714,285.71
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Financial instruments Interest rate swap
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Recognized profit (loss) -
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b. Trading purpose: None.
TSMC Monthly Sales Report - November 2003
Hsinchu, Taiwan, December 9, 2003 - Taiwan Semiconductor Manufacturing Company
Ltd. (TSMC) (TAIEX: 2330, NYSE: TSM) today announced that net sales for November
2003 totaled NT$18,510 million, a decrease of 8.8 percent from October 2003. On
a year-over-year basis, November 2003 net sales increased 26.9 percent. Revenues
for January through November 2003 totaled NT$182,939 million, an increase of
22.3 percent over the same period in 2002.
# # #
Sales Report: (Unit: NT$ million)
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Net Sales 2003/(1)/ 2002 Growth
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November 18,510 14,582 26.9%
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January through November 182,939 149,620 22.3%
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(1): Year 2003 figures have not been audited.
TSMC Spokesperson:
Ms. Lora Ho
Vice President and CFO
Tel: 886-3-566-4602
For further information, please contact:
Mr. J.H. Tzeng Mr. Jesse Chou Ms. Shan-Shan Guo
PR Department Manager, TSMC PR Manager, TSMC PR Manager, TSMC
Tel: 886-3-666-5028 (O) Tel: 886-3-666-5029 (O) Tel: 886-3-666-5033(O)
886-928-882-607(Mobile) 886-932-113-258(Mobile) 886-939-059-246 (Mobile)
Fax: 886-3-567-0121 Fax: 03-5670121 Fax: 03-5670121
E-mail: jhtzeng@tsmc.com E-Mail: jhchoua@tsmc.com Email: ssguo@tsmc.com